Trend Table for HAD - Horizons Active Cdn Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	F	Weak or Absent	Down	Down	Flat	3.62%
May 9	D	Weak or Absent	Flat	Down	Flat	3.02%
May 7	D	Weak or Absent	Down	Down	Flat	3.26%
May 3	D	Weak or Absent	Down	Down	Flat	3.62%
Apr 23	D	Weak or Absent	Down	Down	Down	3.74%
Apr 22	D	Weak or Absent	Down	Down	Down	3.86%
Apr 17	F	Weak or Absent	Down	Down	Down	4.34%
Apr 15	D	Weak or Absent	Down	Down	Down	4.22%
Apr 11	F	Weak or Absent	Down	Down	Down	3.38%
Apr 8	B	Weak or Absent	Flat	Flat	Flat	1.86%